State rental market analysis · CA

California rental markets

348 tracked cities over 20,000 population, 296 ranked and summarized by their median Overall. Every number traces to Census, Zillow and BLS. All states ranked →

Browse every California ZIP Code area → · the full server-rendered index for this state.

Part of the Pacific Census division (West region).

32 median Overall
Middle range 23.4 to 48 (25th to 75th percentile of its cities)Median Cash Flow 19.9 · Growth 37.9 · Stability 58.4Ranked #49 of 51 states by median Overall scoredistribution across 296 ranked cities, not a distribution point estimate. As of 2026-07-10

The honest read

California ranks #49 of 51 states for rental investing, with a median Overall of 32/100 across its ranked cities, below the national median. 296 ranked cities roll up into this grade.

A state grade is the median of its ranked cities, a screen for where to look, not underwriting. Open any city below for its full shown-math breakdown, or run a specific deal through the cap rate and cash-flow calculators.

Where it ranks, factor by factor

Every value is the median across the 296 ranked cities in this state. The national rank compares all 51 states on that one factor; the engine already flips inverted factors (affordability, low unemployment) so a better rank always means a better market. Each factor sits in one of the model’s three categories (Cash Flow, Growth, or Stability); this is a representative summary, and the full thirteen-factor breakdown is on each city’s page. Full methodology.

FactorCategoryState valueNational rank
Gross rent yieldCash Flow4.0%not measured
Rent growthGrowth3.7%not measured
Home value growthGrowth3.8%not measured
Population growthGrowth0.1%not measured
Job growthGrowth0.5%not measured
Price-to-incomeCash Flow9.0×not measured
UnemploymentStability4.7%not measured
Rental demandStability47% renters · 394.6% vacancynot measured
Income growthGrowth6.6%not measured

Every city in California, ranked

Led by Tulare at 67/100. Click any column to re-sort; every city links to its full shown-math breakdown.

CA rankCityGradeCash FlowGrowthStabilityTypical home valueGross yieldNational rank
1Tulare67BBB$359,9596.2%#104
2Beaumont66BBC$539,5596.2%#123
3Adelanto66BBC$402,2466.3%#128
4San Jacinto66BAC$486,1276.6%#135
5Madera66BBB$426,5236.2%#138
6Lincoln63CBB$645,2645.4%#205
7Hesperia62CBB$466,2755.6%#243
8Menifee61CAC$586,8416.0%#267
9Elk Grove61CBB$634,6835.1%#280
10Perris61CBC$548,7616.4%#283
11Lathrop61BBC$632,8875.8%#291
12Victorville60BBC$438,3406.2%#303
13Oakley60BCB$660,6496.0%#308
14Rancho Cordova60CBB$535,8485.4%#317
15Fontana60CBC$640,6525.9%#321
16Rialto59CBB$593,3935.6%#340
17Lemoore59BCB$386,8556.3%#344
18Moreno Valley59CBB$556,5135.1%#349
19Porterville58CBB$332,4425.1%#372
20Selma58BCC$364,1107.2%#377
21Fresno58CBC$390,9936.0%#380
22Clovis57CBC$521,3005.4%#400
23Los Banos57CBC$463,7016.1%#407
24Stockton57CBC$429,2295.6%#416
25Riverbank57CCB$487,4575.1%#428
26Desert Hot Springs57CBC$378,6836.4%#429
27Roseville57CBC$651,2274.8%#432
28Tracy56CBC$679,4474.9%#456
29Hanford56BCB$385,7556.2%#474
30Woodland56CCB$555,1555.3%#480
31 medDelano56CCB$335,8834.9%#491
32Pittsburg55CCB$566,4085.1%#505
33 medCorcoran55BCB$268,6215.5%#511
34Bakersfield55CCC$391,0305.8%#518
35Barstow55CBC$266,9985.9%#531
36Merced55CBD$397,5706.2%#532
37Modesto55CCC$447,1535.4%#534
38Yucca Valley55CCC$360,4376.2%#539
39Ceres54CCB$456,6365.2%#546
40Apple Valley54CCB$435,6095.1%#550
41Hollister54DBB$767,3014.6%#551
42Rocklin54DBB$696,1944.3%#555
43San Bernardino54DBB$495,0554.9%#556
44Visalia54CBD$401,3795.5%#561
45Highland54CCB$542,0405.8%#573
46 medDinuba53CBC$359,6775.1%#596
47Antioch53CCB$595,2485.4%#630
48Jurupa Valley53DBB$678,4444.6%#639
49Sacramento52CBC$480,4885.2%#650
50Sanger52CBC$416,9824.8%#666
51Vacaville52CCB$607,7475.1%#670
52Ontario52DBB$671,6494.7%#672
53Hemet51DBC$447,2185.1%#684
54Manteca51CBD$581,2245.4%#690
55Lodi51CBC$515,0025.1%#696
56Brentwood51CCC$794,7135.2%#725
57Yuba City51CCB$445,1455.5%#736
58Chino50CBC$755,6155.3%#751
59Redlands50DBC$639,3634.6%#758
60Eastvale50DBC$942,5424.6%#760
61 medImperial50CCC$445,3764.9%#761
62Folsom50DBC$763,8184.2%#781
63Montclair50DCB$661,1445.2%#782
64Lake Elsinore49CAD$589,6304.9%#828
65Fairfield49CCB$605,8634.8%#831
66Atwater49DCB$425,2954.6%#839
67Oakdale49DCB$558,6034.6%#841
68Suisun City49BDB$533,4776.1%#850
69Twentynine Palms49BCD$252,0586.8%#851
70Murrieta48DCC$694,4244.6%#853
71Turlock48CCC$485,5965.2%#854
72 medReedley48DBC$391,6834.6%#862
73 medCoachella48DBC$432,8653.9%#872
74Cathedral City48CCD$480,0455.8%#873
75Citrus Heights48DCB$476,9004.8%#882
76 medShafter48DBD$387,3244.5%#883
77 medWasco47DBC$317,2824.7%#909
78Riverside47DBC$650,2894.5%#920
79Marina47DCB$871,0194.8%#929
80Lancaster47CCC$465,4596.3%#932
81American Canyon46CDB$738,6265.0%#955
82Yucaipa46DCC$575,7164.5%#969
83Redding46CCC$395,5445.1%#970
84Banning46DBD$411,5995.1%#979
85Galt46CCD$535,8635.7%#1006
86Colton45DCC$499,7544.6%#1020
87 medPatterson44DBC$508,0493.9%#1068
88Wildomar44DBD$657,7144.9%#1078
89Temecula44DCD$768,9134.7%#1100
90Santa Maria44DCB$668,9834.6%#1107
91Santee44DDB$795,1054.3%#1111
92Richmond43DCB$610,0655.1%#1123
93Brawley43DCC$365,4193.9%#1124
94Corona43DBC$762,9694.2%#1127
95Chula Vista43DCB$847,0374.2%#1130
96Rancho Cucamonga43DCC$788,8064.3%#1148
97Palmdale43CDD$503,4996.5%#1150
98Vallejo42CDC$524,5435.0%#1168
99Palm Desert42CBD$544,3795.8%#1179
100San Marcos41DCC$953,7364.2%#1231
101Indio40CBF$512,5605.6%#1252
102Calexico40CDC$398,1915.1%#1259
103Rohnert Park40DDB$713,8124.4%#1273
104Ridgecrest40BDD$269,5995.5%#1274
105West Sacramento40CCD$529,3435.1%#1282
106Lemon Grove40DCB$761,9194.2%#1284
107Hercules40CDC$743,9845.0%#1287
108San Pablo40DCC$561,3564.6%#1290
109Upland39FBB$823,3193.5%#1302
110Stanton39FCB$797,4234.0%#1328
111Salinas39DCB$753,8683.9%#1330
112Gilroy38FCB$1,052,9563.7%#1338
113Duarte38DCC$797,2184.2%#1345
114Imperial Beach38DCB$844,1314.2%#1351
115El Centro38DDC$396,1504.9%#1381
116Lakewood37DDB$882,8304.6%#1392
117Chino Hills37FCB$985,2233.7%#1393
118Aliso Viejo37DDC$1,005,5434.3%#1402
119Vista37FCB$879,7163.7%#1407
120Paramount37DDB$654,7315.0%#1411
121Oceanside37DCC$874,0974.0%#1414
122Concord37DDB$733,4094.3%#1424
123National City37DDB$692,4594.2%#1430
124Dublin37DCC$1,250,8043.2%#1431
125Lompoc36DDC$597,8354.5%#1437
126Martinez36DDB$766,1823.9%#1445
127La Quinta36DBF$741,8745.8%#1446
128 medSoledad36DCB$646,9523.4%#1450
129Oxnard36DDC$771,7434.5%#1473
130Windsor35CFC$798,7775.4%#1506
131Loma Linda35DBD$642,3414.5%#1509
132Santa Rosa35DDB$715,9764.3%#1513
133Escondido34FCB$796,9943.8%#1522
134Moorpark34DDC$941,7754.3%#1525
135Pomona34DDB$690,6894.1%#1526
136Carson34DDB$796,9124.4%#1532
137Watsonville34DDB$828,7394.6%#1536
138Seaside34DDC$800,2844.7%#1538
139San Diego33FCC$994,6823.7%#1555
140Azusa33DDC$717,9404.3%#1556
141Santa Clarita33DDC$799,5774.2%#1558
142Santa Ana33FDB$869,2633.8%#1559
143Walnut Creek33FCB$1,032,0963.5%#1565
144El Paso de Robles (Paso Robles)33DDC$777,5314.3%#1577
145Norwalk33DDB$763,3974.3%#1582
146Milpitas32FCB$1,424,1793.1%#1586
147South Lake Tahoe32DCD$667,9534.5%#1592
148Chico32DDC$464,9804.0%#1593
149Davis32FCC$840,1663.9%#1596
150Oakland32FCC$717,7984.5%#1600
151Petaluma32DDB$903,1714.0%#1610
152Cypress32FDB$1,082,6643.5%#1613
153Lawndale31DDB$786,2844.2%#1616
154Morgan Hill31FCC$1,332,3473.5%#1617
155San Juan Capistrano31FCB$1,350,0103.4%#1618
156Palm Springs31FBD$617,2694.0%#1620
157Compton31FDC$645,4394.4%#1629
158Baldwin Park31DDB$722,2784.6%#1630
159La Mesa31FCB$896,2093.6%#1633
160Seal Beach31DDC$841,9614.3%#1634
161Cerritos31FDB$1,095,5913.8%#1637
162Simi Valley31DDB$841,7743.9%#1638
163Lake Forest30FCC$1,187,2253.4%#1640
164La Puente30FDB$724,7173.9%#1651
165Carlsbad30FCB$1,361,6463.2%#1652
166Hayward30FDC$831,5583.8%#1653
167San Buenaventura (Ventura)30FDC$898,2413.8%#1655
168Buena Park30FDB$942,5683.4%#1658
169Eureka30DFB$412,9744.4%#1659
170 medSanta Paula30FCC$719,3953.6%#1661
171Camarillo30FDC$922,4643.8%#1662
172Brea30FCB$1,134,1463.2%#1664
173Atascadero29FDB$787,6003.7%#1668
174 medNorco29FCC$925,3673.1%#1669
175San Ramon29FCB$1,483,5162.7%#1676
176Rancho Santa Margarita29FDC$1,017,1953.4%#1678
177Poway29FCB$1,225,9393.1%#1681
178South San Francisco29FDC$1,235,8044.0%#1683
179La Habra29FDB$912,2763.7%#1685
180Newark29FDC$1,202,6483.6%#1687
181Walnut28FDC$1,188,5333.6%#1699
182Benicia28DDC$784,8053.8%#1700
183La Mirada28DFB$891,5254.5%#1703
184Covina27FDB$804,9313.6%#1709
185Inglewood27FDC$766,9204.0%#1710
186Bellflower27FDB$805,1013.5%#1712
187Danville27FDB$1,862,7722.7%#1713
188Pleasant Hill27FDC$992,0423.3%#1714
189Orange27FDB$1,136,7293.3%#1715
190Thousand Oaks27FDC$1,047,2733.8%#1716
191Goleta27FDB$1,364,9433.4%#1720
192Montebello26FDB$825,1653.7%#1725
193Anaheim26FDC$953,1713.5%#1726
194West Covina26FDC$849,9883.7%#1728
195El Cajon26FDB$812,1813.4%#1731
196Novato26DFB$1,078,0324.3%#1733
197Lomita26FDB$913,5373.9%#1734
198East Palo Alto26FDD$1,016,7274.3%#1735
199San Luis Obispo26FDB$1,097,5973.2%#1736
200Pacifica26FDB$1,276,7383.4%#1737
201Claremont26FDC$1,037,8493.8%#1739
202San Leandro26FDB$805,0343.7%#1740
203Port Hueneme25DFD$632,3155.4%#1741
204Livermore25FDB$1,087,9993.4%#1742
205San Fernando25FDB$752,7973.5%#1743
206Fullerton25FDC$1,052,2263.4%#1745
207Diamond Bar25FFB$1,027,0463.8%#1748
208Tustin25FDB$1,169,0383.3%#1749
209Gardena25FDC$792,9583.6%#1751
210La Verne25FFB$951,6023.5%#1752
211Garden Grove25FCB$1,015,4703.3%#1753
212 medBell Gardens24FDC$699,2373.8%#1758
213Santa Clara24FCC$1,680,8332.8%#1759
214Monrovia24FDB$993,1773.3%#1760
215Yorba Linda24FDC$1,407,9413.5%#1762
216Cudahy24FFB$697,3084.0%#1763
217Irvine24FCC$1,517,4312.7%#1765
218Placentia24FDB$1,113,4653.0%#1766
219San Dimas24FFB$922,7723.5%#1767
220South Gate24FDB$702,1983.5%#1769
221Lynwood24FDB$694,3623.7%#1770
222Pico Rivera24FDC$753,9643.5%#1771
223Fremont23FDB$1,471,9312.7%#1773
224Temple City23FDB$1,092,4833.5%#1774
225Napa23FFC$873,4893.9%#1775
226Dana Point23FDC$1,754,0543.0%#1777
227Mission Viejo22FDC$1,216,9853.0%#1780
228El Monte22FDC$764,9283.6%#1782
229Rosemead22FDC$909,3953.6%#1784
230San Jose22FDC$1,391,2043.0%#1785
231Monterey Park22FDB$926,2093.4%#1787
232Alhambra22FDC$927,6953.4%#1788
233Westminster22FDB$1,103,6093.0%#1789
234Laguna Niguel21FDC$1,494,0012.7%#1790
235Foster City21FDB$1,863,2282.8%#1792
236Glendora21FFC$891,9993.5%#1793
237El Cerrito21FDB$1,149,8562.8%#1794
238Los Angeles21FDC$946,2683.5%#1796
239Long Beach21FDC$860,0123.4%#1798
240San Francisco20FDC$1,416,2783.8%#1799
241Mountain View20FCC$1,962,7742.7%#1800
242Whittier20FDC$826,3863.4%#1801
243Santa Cruz20FDB$1,360,3553.1%#1802
244Alameda20FDC$1,156,0963.1%#1803
245Encinitas20FCC$1,932,1782.7%#1804
246Sunnyvale19FCB$2,050,8142.3%#1806
247Union City19FFB$1,223,0802.9%#1807
248Huntington Beach19FDB$1,367,6472.7%#1808
249Torrance19FDB$1,117,9063.1%#1809
250Calabasas19FDB$1,720,0482.7%#1810
251 medBell19FDC$695,5263.3%#1811
252Hawthorne19FDC$881,8782.9%#1812
253San Bruno18FDC$1,308,8093.1%#1814
254Huntington Park18FDC$674,3133.2%#1815
255West Hollywood18FDD$997,0703.9%#1816
256Monterey18FDC$1,179,0652.8%#1817
257Pleasanton18FFC$1,530,3272.6%#1818
258Maywood18FDB$654,2692.9%#1819
259Lafayette17FDC$1,941,1092.3%#1820
260Culver City17FDD$1,287,4303.3%#1822
261Redondo Beach17FDC$1,497,7742.8%#1823
262Costa Mesa17FDB$1,424,3222.6%#1824
263Pasadena17FDC$1,206,7403.0%#1826
264Downey17FFB$885,1463.2%#1827
265Laguna Hills17FDC$1,236,9172.9%#1828
266Santa Barbara17FDB$1,848,3252.5%#1829
267San Clemente17FDB$1,751,7992.3%#1830
268Daly City16FDC$1,137,0242.9%#1833
269 medLa Cañada Flintridge16FDB$2,000,0011.7%#1835
270Rancho Palos Verdes16FDD$1,827,5012.9%#1837
271Fountain Valley16FDA$1,397,4602.4%#1838
272Los Gatos15FCB$2,628,3491.9%#1839
273San Mateo15FDC$1,685,1622.7%#1840
274Redwood City15FDC$1,893,5332.6%#1841
275San Gabriel15FDC$1,112,8023.0%#1842
276Burbank15FDC$1,191,8102.8%#1843
277Glendale14FDC$1,197,7082.8%#1844
278San Carlos14FDC$2,457,7462.2%#1845
279Belmont14FDB$2,284,3221.9%#1846
280San Rafael14FFB$1,332,0232.8%#1847
281Los Altos14FDA$4,601,7292.0%#1848
282Arcadia14FDD$1,395,5443.0%#1849
283Campbell13FDC$1,881,2502.2%#1850
284Millbrae13FDC$2,055,6332.2%#1851
285Manhattan Beach12FDD$3,321,6162.4%#1852
286Cupertino11FCB$3,008,4381.7%#1853
287Saratoga10FDB$4,038,0701.9%#1854
288Burlingame9FDC$2,817,8331.7%#1855
289Palo Alto9FDC$3,599,3241.5%#1856
290Menlo Park9FDB$2,890,0711.8%#1857
291Santa Monica8FFD$1,685,5602.5%#1858
292South Pasadena8FDB$1,707,7011.8%#1859
293Newport Beach8FDD$3,724,0831.4%#1860
294Berkeley8FDC$1,460,4372.4%#1861
295Laguna Beach8FDC$3,056,3762.0%#1862
296Beverly Hills7FDC$3,713,8641.4%#1863

Data as of: Zillow ZHVI/ZORI through the latest monthly release · Census ACS 5-yr 2019–2023 · Census PEP July 2024 · BLS LAUS county 2023 annual. Generated 2026-09-01. Methodology & limitations · underwrite any specific deal with the free calculators.

ZIP markets in California

1,803 Census ZIP Codes (ZCTAs) in California · 1,217 data-eligible for subscores. These are sub-city government areas ranked separately from the California city table. The overall Rental Investor ZIP Score leaderboard leads; the two component subscores (affordability, rental-market context) follow as independent percentiles. ZIP ranks are shown within the ZIP universe only, never mixed with, and not directly comparable to, city ranks. Vintage: the Key metric column is Census ACS 2020–2024 (5-year), a newer release than the ACS 2019–2023 figures the city table above uses; the same measure can legitimately disagree between the two.

Best overall ZIP Codes in California

Ranked by the overall Rental Investor ZIP Score. The # is each ZIP Code's canonical CA state rank; the smaller figure is its national rank. Separate from the California city table and not directly comparable to it.

CA rankZIP CodeOverallgrade · nationalKey metric
#192553Moreno ValleyA 72#227 nat5.3%Survey yield
#193638Madera AcresA 72#227 nat5.2%Survey yield
#395678RosevilleA 71#351 nat4.4%Survey yield
#492555Moreno ValleyA 71#358 nat5.0%Survey yield
#592551Moreno ValleyA 71#388 nat5.4%Survey yield
#692571PerrisA 71#448 nat5.3%Survey yield
#795206StocktonA 70#458 nat4.5%Survey yield
#892880EastvaleA 70#491 nat3.9%Survey yield
#995376TracyA 70#551 nat4.2%Survey yield
#995377TracyA 70#551 nat4.4%Survey yield
#1193274TulareA 70#565 nat5.1%Survey yield
#1195901Loma RicaA 70#565 nat4.0%Survey yield

Top affordability ZIP Codes in California

State-scoped leaders on the affordability subscore only (national rank shown is within that subscore’s data-eligible universe). Substantially an inverse housing-cost signal: a component of the overall score, not a predicted return.

#ZIP CodeAffordabilityKey metric
192283Winterhaven90#344 nat8.6%Survey yield
293501Mojave86#671 nat7.6%Survey yield
393523North Edwards86#681 nat13.8%Survey yield
496113Patton Village85#766 nat18.0%Survey yield
592548Homeland82#1,013 nat7.0%Survey yield
693239Avenal81#1,165 nat9.4%Survey yield
795458Lucerne80#1,317 nat6.8%Survey yield
892242Big River79#1,372 nat7.9%Survey yield
995548Klamath79#1,389 nat7.0%Survey yield
1093615Cutler78#1,563 nat6.2%Survey yield
1194089Sunnyvale78#1,628 nat9.8%Survey yield
1293650Fresno76#1,881 nat5.4%Survey yield

Deepest rental-market ZIP Codes in California

State-scoped leaders on the rental-market-context subscore only (national rank shown is within that subscore’s data-eligible universe). Rental depth/tightness: a separate component, never combined here with affordability.

#ZIP CodeRental marketKey metric
190058Vernon86#1 nat2.8%Survey yield
292401San Bernardino86#1 nat3.7%Survey yield
393239Avenal86#1 nat9.4%Survey yield
493234Huron85#7 nat5.0%Survey yield
593272Tipton85#7 nat6.5%Survey yield
690201Bell Gardens85#13 nat3.5%Survey yield
792655Midway City85#13 nat2.5%Survey yield
893650Fresno85#13 nat5.4%Survey yield
991934Jacumba85#17 nat7.3%Survey yield
1091020La Crescenta-Montrose85#18 nat3.1%Survey yield
1192590Temecula84#22 nat1.1%Survey yield
1290270Maywood84#28 nat2.9%Survey yield
Open the full California ZIP explorer (all 1,803 areas, sortable) →